The name of businessman Yassin Mansour, Chairman of the Board of Directors of Palm Hills Real Estate Development Group, witnessed widespread interaction on social media platforms after the company announced exceptional offers on the occasion of celebrating its 25th anniversary as a leading real estate developer.
These offers included an installment system extending to 12 years, which is considered an unprecedented step in the Egyptian real estate market, as installment periods did not exceed 8 years previously, with the aim of attracting various categories and meeting the needs of different customers, which gave a strong impetus to the company’s activity in the market.
Who is Yassin Mansour?
Yassin Mansour is one of the most prominent businessmen in Egypt and the Arab region, and among the top 5 richest people in Egypt, according to Forbes, and he is a symbol of success in the world of entrepreneurship.
He was born on January 1, 1961, and grew up in a family known for its great achievements in various fields, which paved the way for him to enter the world of business from an early age, where he obtained a bachelor’s degree in financial sciences from George Washington University in America.
His father, Lotfi Mansour, founder of the Mansour Group in 1952, had a great influence on Yassin’s personality. Despite the difficulties the family faced following the nationalization of its companies in the 1960s, it was able to return strongly to the economic arena.
Today, the total wealth of the three brothers Muhammad, Youssef, and Yassin Mansour is estimated at $5.8 billion, divided between Muhammad, who owns $3.3 billion, Youssef, who owns $1.3 billion, and Yassin, who has a fortune estimated at $1.2 billion.
Yassin began his career in 1986 through the “Mansour Motors Group”, and since then he has proven himself as a prominent entrepreneur with an exceptional vision and the ability to achieve success in multiple fields. Under his leadership, the companies he supervises have achieved outstanding performance and amazing results, which has strengthened his position. As one of the influential leaders in the business world.
Positions and achievements
Yassin Mansour holds many prominent positions. He is the Chairman of the Board of Directors of Palm Hills Development Company, one of the largest real estate development companies in Egypt.
Under his leadership, the company was able to achieve great achievements in the housing and urban development sector. He also owns the rights to distribute international brands such as Kraft Foods and Michelin, in addition to his role as an exclusive distributor for brands such as McDonald’s and Gauloise in Egypt.
He has extensive experience extending to multiple sectors, including industrial equipment and prepared foods, which makes him a model of leadership and diversification in investment, including:
- CEO of Mansour and Al-Maghrabi Investment and Development Company.
- Member of the Board of Directors of Credit Agricole Bank Egypt.
- Member of the Board of Directors of Mantrac Egypt Group and Accor Hotels.
- Member of the Board of Directors of Man Capital.
- Member of the National Cancer Institute.
- Member of Takatuf Association.
- Secretary of the Board of Directors of the Future Association.
- A founding member of the “LEAD” Foundation in cooperation with the World Bank for Microfinance.
Palm Hills Real Estate Development Company
Yassin Mansour has been Chairman of the Board of Directors of Palm Hills Real Estate Development Company since 2005, which is one of the largest real estate development companies in Egypt. It was established with the aim of developing new urban communities and providing integrated residential and commercial projects that meet the diverse needs of clients.
Palm Hills has a vast land portfolio extending over an area of more than 29 million square meters, with 11.6 million square meters of developed land. Its projects include 34 residential projects and 30 commercial projects, serving more than 70,000 families, and it has achieved global recognition by obtaining nine international awards that reflect… Distinguishing its projects and innovations.
The company is committed to allocating 70% of its space to landscapes and green spaces, to combine architectural excellence and respect for the environment, and creative architectural designs are combined with attention to the smallest details to meet the needs of the market.
Badia Palm Hills
The Badya project is one of the most prominent innovations of Palm Hills Real Estate Development Company, as it represents an integrated model of sustainable living and innovative investment. It extends over an area of 3,000 acres in New October City, making it the largest residential project in the region.
Badia can accommodate 50,000 various residential units, including apartments, villas, penthouses, townhouses, and twin houses, and contains a wide range of community, educational, and recreational services. The project includes five local and international schools, in addition to Badia International University, and the largest sports club in western Cairo, with investments amounting to 100 billion pounds. .
Palm Hills completed the first phase of the project on an area of 340 acres, where 3,372 residential units of various sizes were fully delivered, and many families are already living in the project, with basic services available to residents.
Yassin Mansour and Al-Ahly Club
Businessman Yassin Mansour returned to the spotlight in the world of football when he assumed the presidency of Al-Ahly Football Company during the period between 2021 and 2022, to be responsible for organizing and managing the club’s football activity, including promoting player affairs and managing sports aspects.
He was known for his great support for Al-Ahly Club, as he was a former member of the Board of Directors and one of its most prominent supporters over the years. When announcing his resignation from his position, Mansour explained that his decision came out of his concern for the interest of the club, and about the idea of his candidacy for the presidency of the club, he said: “Presidency of Al-Ahly Club.” “It’s a huge honor for anyone.”